Lamine Mbacke, PyxPay enter joint venture for m-banking service

Monday 24 March 2014 10:12 CET | News

Lamine Mbacke (director of African Institute of Islamic Finance) and payment solutions provider PyxPay have entered a joint venture in Q1 2014. The two parties formed Pyx Links, a company based in Senegal, which is set to serve the Africa and Middle Eastern emerging markets in mobile banking and its related technologies.

PyxLinks is set to provide web-based and mobile banking solutions to companies seeking to reach remote area customers in African villages now using GSM coverage or internet connections.

Also, Pyx Links is set to introduce an Android application which can run on data, GPRS, and send encrypted text messages to process payment transactions.

PyxPay is a payment solutions provider for enterprises, retailers, processors and sales organisations.

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Keywords: Lamine Mbacke, PyxPay, joint venture, m-banking, service, mobile banking, Africa, Middle East
Categories: Payments & Commerce
Countries: World
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Payments & Commerce

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